Worldwide recession very near?

[Kassz007]

Quote from Lethn:

Once this weird rally ends that is when it will be the time to short, I've lost $100 twice and thankfully I've taken steps to prevent it this time.

Great theory! "Prices will go down after they stop going up."

Good thing you've taken the necessary risk management steps to avoid losing a whopping $300.

 

[Rabbitone]

The bigger question is what will happen to the world when the last of the government bailouts, tax breaks, bond backing and incentive money dries up?

 

[gucci]

Enjoy the show...

 

[Bauclair]

Quote from Rabbitone:

The bigger question is what will happen to the world when the last of the government bailouts, tax breaks, bond backing and incentive money dries up?

No such thing, the second that happens we will just turn the money making machines back on and start passing it out again. I feel that the government seems to think this will solve all of your economic hard ship. I really have to ask myself if they understand what “the Value of the Dollar" really means today in correspondent to gold. I feel this alone will screw the country over in the future; I’m just waiting for the day that I have to go to the store and buy a gallon of milk for 10.00.

 

[Allen3]

Quote from Scataphagos:

Run up an SPX chart with a 666 week MA..

Holy crap. What timing!!! That's an impressively apocalyptic chart indicator.

The hour of the beast is nigh. And the name of the beast is health care. 666 will no longer the bottom be, but 484 in the spx... says me.

 

[schizo]

Quote from clambill:

Portugal has been downgraded by Fitch which means Europe may face some difficulty trying to sweep problems under the carpet. This may mean one country after another being downgraded so lower markets in Europe then lower stock market in the US, Asia, lower oil, etc...

blah, blah, blah, welcome to Lala Land?

At least with the bailout of AIG, Uncle Sam was aiding Goldman Sachs in God's name so that Goldy could continue to do God's work. Who is to benefit by saving Greece other than gyro-loving lazy tourists mucking around on the beach all day? I'm sure Socrates would be rolling in his grave.

 

[schizo]

Quote from Bauclair:

No such thing, the second that happens we will just turn the money making machines back on and start passing it out again. I feel that the government seems to think this will solve all of your economic hard ship. I really have to ask myself if they understand what “the Value of the Dollar" really means today in correspondent to gold. I feel this alone will screw the country over in the future; I’m just waiting for the day that I have to go to the store and buy a gallon of milk for 10.00.

Count me in as a conspiracy theorist, but suppose the governments all over the world start shorting the commodities with the mint coins they printed. Inflation solved. :eek:

Print on!

 

[S2007S]

Quote from Rabbitone:

The bigger question is what will happen to the world when the last of the government bailouts, tax breaks, bond backing and incentive money dries up?

Lets see if ever does dry up, the liquidity put forth in this market over the last 12 months has been record breaking, between zero percent interest rates and stimulus money this economy is having one damn good party right now. It will be a long time before they shut the party down, why take away all this fun, all these free handouts and bailouts why take away tax breaks and first time $8000 tax credits to home buyers. They will keep everything in place and just let it ride. BUBBLE ben bernanke has already started the fun, the next bubble has arrived. Tell all that the good times are just beginning.

 

[vulture]

Quote from Scataphagos:

Run up an SPX chart with a 666 week MA..

And don't forget that the cash low for the SPX last March was 666 as well.

 

[vulture]

Quote from S2007S:

Lets see if ever does dry up, the liquidity put forth in this market over the last 12 months has been record breaking, between zero percent interest rates and stimulus money this economy is having one damn good party right now. It will be a long time before they shut the party down, why take away all this fun, all these free handouts and bailouts why take away tax breaks and first time $8000 tax credits to home buyers. They will keep everything in place and just let it ride. BUBBLE ben bernanke has already started the fun, the next bubble has arrived. Tell all that the good times are just beginning.

Yes, it's pretty damn obvious that this is the plan. After all, those most adversely affected by the insidious effects of endless stimulus, bailouts and currency debasement have literally no voice aside from the ever marginalized Ron Paul.